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My Lords, I beg leave to repeat as a Statement an Answer to an Urgent Question given by my right honourable friend in another place:
“This morning the boards of General Motors and PSA Group announced plans for PSA to acquire GM’s Vauxhall-Opel operations. The proposed deal is expected to be...
My Lords, I beg leave to repeat as a Statement an Answer to an Urgent Question given by my right honourable friend in another place:
“This morning the boards of General Motors and PSA Group announced plans for PSA to acquire GM’s Vauxhall-Opel operations. The proposed deal is expected to be...
I thank the noble Lord for those questions. To pick them up in turn, Carlos Tavares, the chief executive of PSA, has given assurances that he is keen to see this business develop and grow. He made the point that since becoming chief executive of PSA, he has not closed...
I thank the noble Lord for those questions. To pick them up in turn, Carlos Tavares, the chief executive of PSA, has given assurances that he is keen to see this business develop and grow. He made the point that since becoming chief executive of PSA, he has not closed...
It is worth making the point that this transaction between General Motors and PSA is as a result not of Brexit but of a longer-term strategy on the part of GM, and, of course, GM is becoming a shareholder in PSA. This is not a Brexit-related issue. The noble Lord...
It is worth making the point that this transaction between General Motors and PSA is as a result not of Brexit but of a longer-term strategy on the part of GM, and, of course, GM is becoming a shareholder in PSA. This is not a Brexit-related issue. The noble Lord...
My Lords, the Ellesmere Port plant is in my diocese and its closure at any time would be a disaster for that area on the banks of the Mersey. I recognise that that is not in immediate prospect, but can the Minister say more about the strategy to make the...
My Lords, the Ellesmere Port plant is in my diocese and its closure at any time would be a disaster for that area on the banks of the Mersey. I recognise that that is not in immediate prospect, but can the Minister say more about the strategy to make the...
The right reverend Prelate makes an interesting point, which the noble Lord, Lord Mendelsohn, made earlier—that Opel-Vauxhall has made a loss every year for the past 15 years. But that rate of loss has come down, and the new chief executive of GM embarked on a turnaround plan for both...
The right reverend Prelate makes an interesting point, which the noble Lord, Lord Mendelsohn, made earlier—that Opel-Vauxhall has made a loss every year for the past 15 years. But that rate of loss has come down, and the new chief executive of GM embarked on a turnaround plan for both...
I am obliged to the Minister for repeating the Statement from the Business Secretary. GM has shown great resilience over the years with the Opel and Vauxhall brands, and reported a loss of $257 million from its European operations in 2016. That is the 16th consecutive loss-making year for GM...
I am obliged to the Minister for repeating the Statement from the Business Secretary. GM has shown great resilience over the years with the Opel and Vauxhall brands, and reported a loss of $257 million from its European operations in 2016. That is the 16th consecutive loss-making year for GM...
My Lords, Vauxhall is our longest surviving car maker and has some of the most efficient plants in Europe. Like others, we commend the workforce for having achieved that.
I want to pursue one issue with the Minister. He will be aware that some 75% of the Astra’s components come from...
My Lords, Vauxhall is our longest surviving car maker and has some of the most efficient plants in Europe. Like others, we commend the workforce for having achieved that.
I want to pursue one issue with the Minister. He will be aware that some 75% of the Astra’s components come from...
Urgent question on the sale of Opel/Vauxhall to PSA Group.
Urgent question on the sale of Opel/Vauxhall to PSA Group.
Lords statement on the sale of Opel/Vauxhall to PSA Group.
Lords statement on the sale of Opel/Vauxhall to PSA Group.
(Urgent Question): To ask the Secretary of State for Business, Energy and Industrial Strategy if he will make a statement on the sale of Opel/Vauxhall to PSA Group.
(Urgent Question): To ask the Secretary of State for Business, Energy and Industrial Strategy if he will make a statement on the sale of Opel/Vauxhall to PSA Group.
This morning the boards of General Motors and PSA Group announced plans for PSA to acquire GM’s Vauxhall/Opel operations. The proposed deal is expected to be completed by the end of this year.
The Prime Minister and I have been engaged in discussions with both GM and PSA, and with the...
This morning the boards of General Motors and PSA Group announced plans for PSA to acquire GM’s Vauxhall/Opel operations. The proposed deal is expected to be completed by the end of this year.
The Prime Minister and I have been engaged in discussions with both GM and PSA, and with the...
I thank the Secretary of State for that positive response, but I would like further clarification on a number of issues.
First, although I welcome PSA’s promise to honour existing contracts, I am deeply concerned about the 40,000 workers who are currently employed at Luton and Ellesmere Port and in the...
I thank the Secretary of State for that positive response, but I would like further clarification on a number of issues.
First, although I welcome PSA’s promise to honour existing contracts, I am deeply concerned about the 40,000 workers who are currently employed at Luton and Ellesmere Port and in the...
I am grateful to the hon. Lady for her questions. The last two weeks have been worrying times for the workforce. The statements that have been made by both parties today have been welcomed—not just by me, but by the trade unions—as steps in the right direction. It is important...
I am grateful to the hon. Lady for her questions. The last two weeks have been worrying times for the workforce. The statements that have been made by both parties today have been welcomed—not just by me, but by the trade unions—as steps in the right direction. It is important...
I thank my right hon. Friend for his statement and his engagement with those of us whose represent employees in the areas concerned—in my case, Luton. I would be grateful if he could indicate what reassurance has been given to PSA in recognition of the fact that part of the...
I thank my right hon. Friend for his statement and his engagement with those of us whose represent employees in the areas concerned—in my case, Luton. I would be grateful if he could indicate what reassurance has been given to PSA in recognition of the fact that part of the...
I agree with my right hon. Friend. We are talking about both the workforce directly employed by Vauxhall and the substantial employment in the supply chain. Both are very important, so this has been part of our discussions. I think that there is every opportunity—I will be vigorous in pursuing...
I agree with my right hon. Friend. We are talking about both the workforce directly employed by Vauxhall and the substantial employment in the supply chain. Both are very important, so this has been part of our discussions. I think that there is every opportunity—I will be vigorous in pursuing...
I congratulate the hon. Member for Salford and Eccles (Rebecca Long Bailey) on securing this urgent question. I welcome the Secretary of State’s initial comments regarding guarantees on pensions and short-term jobs, which are welcome. Even then, we have to appreciate that workers are clearly experiencing some uncertainty.
I know from...
I congratulate the hon. Member for Salford and Eccles (Rebecca Long Bailey) on securing this urgent question. I welcome the Secretary of State’s initial comments regarding guarantees on pensions and short-term jobs, which are welcome. Even then, we have to appreciate that workers are clearly experiencing some uncertainty.
I know from...
I am grateful to the hon. Gentleman for his question. On the first point, it is evident that these discussions are about the restructuring of GM’s operations and are not tied to Brexit. With regard to the supply chain, there are opportunities. It is very clear that PSA has been...
I am grateful to the hon. Gentleman for his question. On the first point, it is evident that these discussions are about the restructuring of GM’s operations and are not tied to Brexit. With regard to the supply chain, there are opportunities. It is very clear that PSA has been...
May I ask the Secretary of State what he has learned about PSA’s plans to build ultra-low emission vehicles in the United Kingdom—whether electric, hybrid, hydrogen or indeed liquefied petroleum gas—all of which there will be increasing demand for in the future, not least as we meet our air quality...
May I ask the Secretary of State what he has learned about PSA’s plans to build ultra-low emission vehicles in the United Kingdom—whether electric, hybrid, hydrogen or indeed liquefied petroleum gas—all of which there will be increasing demand for in the future, not least as we meet our air quality...
My hon. Friend is absolutely right. We have had many discussions about opportunities for expanding the manufacture and provision of ultra-low emission vehicles. This country has a very good reputation as a hotbed of research in that area, and PSA wants to expand its exposure to that and is doing...
My hon. Friend is absolutely right. We have had many discussions about opportunities for expanding the manufacture and provision of ultra-low emission vehicles. This country has a very good reputation as a hotbed of research in that area, and PSA wants to expand its exposure to that and is doing...
The plants at Luton and Ellesmere Port are productive and efficient. They have a highly skilled workforce that any company would be proud to employ—this is not a basket-case industry—but in the face of strong foreign Government support, we need an active and interventionist Government who are determined to safeguard...
The plants at Luton and Ellesmere Port are productive and efficient. They have a highly skilled workforce that any company would be proud to employ—this is not a basket-case industry—but in the face of strong foreign Government support, we need an active and interventionist Government who are determined to safeguard...